tising on the performance and asset and liability characteristics of firms Germain Act of 1982 eliminated many of the differences in in the U.S. savings and loan industry over the period 1985 to 1989. The the asset and liability powers of thrifts and other depository results of a simultaneous equation analysis on a sample of 2,534 thrifts institutions. The Financial Institutions Reform, Recover...

The organization of the care process pursuing a Triple aim improvement of healthcare is a common interest of clinicians, healthcare managers and policy-makers in this period of financial shortage especially as part of Obamacare in the US [1]. The Triple aim is: 1) better perception of care by the patients e.g. by better clinical continuity, 2) better professional effectiveness e.g. by better pl...

387 R ecent increases in international oil prices have resulted in substantial fuel subsidies in many developing and emerging market economies. After a long period of stability over the last two decades, international oil prices increased substantially from 2002. Prices increased from around US$25 per barrel in January 2003 to over US$65 per barrel by August 2005, an increase of about 260 perce...

Background There is high reliance on out-of-pocket (OOP) health payments as a means of financing health system in Nigeria. OOP health payments can make households face catastrophe and become impoverished. The study aims to examine the financial burden of OOP health payments among households in Nigeria.   Methods Secondary data from the Harmonized Nigeria Living Standard Survey (HNLSS) of 2009/2...

The paper questions whether cash payments, in any post-industrial economy, are merely a barbarous relic of the past and whether they should be replaced by e-money. Our analysis aims to demonstrate that, being faster and more ‘expendable’ than bank transfers, cheques and other forms of credit, liquid money represents a natural drive towards economic flexibility and growth. From a behavioural per...

The EPA will issue rules regulating greenhouse gas (GHG) emissions from existing steam boilers and refineries in 2012. A crucial issue affecting the scope and cost of emissions reductions will be the potential introduction of flexibility in compliance, including averaging across groups of facilities. This research investigates the role of compliance flexibility for the most important of these s...

INTRODUCTION Earnings management represents the most frequently researched topic within financial accounting in the last two decades. The use of earnings management and its almost cavalier acceptance by financial statement preparers and users during the 1990’s led to the significant corporate reporting debacles of the early 2000’s (e.g., Enron, WorldCom, HealthSouth, etc.) and ultimately to the...

To the Editor: Wilensky (May 19 issue)1 and Jost (May 12 issue)2 highlighted the relative merits of the Affordable Care Act (ACA) and the “Roadmap for America’s Future” offered by Representative Paul Ryan (R-WI). Neither plan considers a simple, common-sense route to substantial savings. Medicare coverage began in 1966, when the average U.S. life expectancy was 70 years; it is now 78 years.3 In...

In July 2009, the Obama Administration proposed legislation that would create a Consumer Financial Protection Agency (“CFPA”). Among other items, the proposed legislation would eliminate federal preemption of state consumer protection laws, which would encourage states to reintroduce a scattering of local rules and regulations. Federal rules promulgated by the newly created Consumer Financial P...